European Defense and Gas Markets Suffers Contraction Amid Geopolitical Uncertainty

Recent diplomatic discussions between the U.S., Ukraine, and European officials have significantly impacted European defense and gas markets. This has led to a decline in both sectors, with major defense companies like Rheinmetall and Rolls-Royce experiencing stock drops following talks with President Trump and President Zelenskyy. The Stoxx Europe Aerospace & Defense Index reflects this market weakness, reporting subdued performance.